Isaca Updated CRISC Exam Questions and Answers by emmanuel

Using the risk management process will best ensure that controls adequately support business goals and objectives, as it involves identifying, assessing, responding, and monitoring the risks that may affect the achievement of the business goals and objectives, and designing and implementing controls to mitigate those risks. Enforcing strict disciplinary procedures in case of noncompliance, reviewing results of the annual company external audit, and adopting internationally accepted controls are also good practices, but they are not the best, as they do not necessarily align the controls with the business goals and objectives. References = CRISC Review Manual, 7th Edition, page 146.

 The percentage of relevant threats mitigated is the best key control indicator (KCI) to determine the effectiveness of an intrusion prevention system (IPS), because it measures how well the IPS is performing its intended function of preventing unauthorized access or attacks. The percentageof system uptime is not a good KCI, because it does not reflect the quality or accuracy of the IPS. The total number of threats identified is not a good KCI, because it does not indicate how many of those threats were actually prevented by the IPS. The reaction time of the system to threats is not a good KCI, because it does not measure the impact or severity of the threats that were prevented or not prevented by the IPS. References = CRISC: Certified in Risk & Information Systems Control Sample Questions2

According to Wikipedia1, a maturity model is a framework for measuring an organization’s maturity, or that of a business function within an organization, with maturity being defined as a measurement of the ability of an organization for continuous improvement in a particular discipline. A maturity model will best indicate the effectiveness and efficiency of an organization or a business function, as it helps to evaluate how well they achieve their intended objectives with minimum resources, time, and cost. A maturity model also helps to identify and prioritize the areas and opportunities for improvement, and to establish and communicate the standards and best practices for the discipline. References = Wikipedia1

The most important element to update when an organization’s risk appetite changes is the key risk indicators (KRIs). KRIs are metrics that provide an early warning of increasing risk exposure in various areas of the organization. They help to monitor the level of risk and to trigger risk responses when the risk exceeds the risk appetite. The risk appetite is the amount and type of risk that an organization is willing to accept in pursuit of its objectives. Risk reportingmethodology, key performance indicators (KPIs), and risk taxonomy are other elements that may be updated, but they are not as important as the KRIs. References = ISACA Certified in Risk and Information Systems Control (CRISC) Certification Exam Question and Answers, question 12; CRISC Review Manual, 6th Edition, page 215.